Solar Payback Period in Daly City, California: When Does It Pay Off?

Daly City, CaliforniaPGE service area

When Does Solar Pay Off in Daly City?

A 7kW system in Daly City costs approximately $21,000 at $3/watt. With annual savings of $3,036 (based on Pacific Gas & Electric's 38.0¢/52.0¢ rate tiers), the break-even point is approximately 6.9 years.

$21,000
System cost
$3,036
Annual savings
6.9 yrs
Payback period
$75,900+
25-year savings

Without Solar: Projected Pacific Gas & Electric Bills

Pacific Gas & Electric rates have increased 83% (2014-2024). If that trend continues, the average Daly City bill looks like this:

YearEst. Monthly Bill (no solar)With Solar
2026 (today)$235/mo~$0/mo
2031 (5 years)$318/mo~$0/mo
2036 (10 years)$430/mo~$0/mo
2041 (15 years)$582/mo~$0/mo

Projections use the 83% (2014-2024) 10-year CAGR as a straight-line estimate. Actual rate changes vary. Solar bill estimates assume fixed system output.

The Compounding Advantage

The payback period calculation above uses today's rates. In reality, as Pacific Gas & Electric rates rise each year, your solar savings grow too — because every kWh your panels produce is worth more. This means the effective payback period is typically shorter than the static calculation suggests, and the 25-year savings figure grows significantly with each rate increase.

More Daly City Solar Guides

Ready to See Real Numbers for Daly City?

Estimates on this page are based on local averages. A licensed installer will give you exact numbers for your home.

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